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Canadian Arrested in Macau for Attempting to Defraud Company Out of $284 Million

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Earlier this month, a court in the northeastern Chinese city of Dalian sentenced Canadian national Robert Lloyd Schellenberg to death for drug smuggling. The decision immediately faced sharp criticism from the Canadian leadership.

A Canadian man has been detained in Macau for allegedly attempting to defraud a local entertainment company out of $284 million, according to the Macau Daily newspaper. 

The man, identified only as Mr Leao, is accused of trying to transfer money from the firm's bank to an account in Hong Kong, according to media reports.

READ MORE: DoJ: Macau Real Estate Magnate Sentenced to 4 Years for Bribing UN Officials

The bank rejected his transfer attempt after his signature didn't match the one they had on record. A check with the company later showed it hadn't authorised any of its employees to carry out the transaction, the paper said.

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The 61-year-old man was arrested as he tried to leave Macau. He has been charged with fraud and forging documents after incriminating documents were found.

The name of the company wasn't mentioned in the police report.

Sino-Canadian relations worsened following the arrest of Meng Wanzhou, the CFO of Chinese tech giant Huawei, in Vancouver, at the request of US authorities, on suspicion of violating Washington's anti-Iran sanctions.

READ MORE: Beijing Calls on Partners to Oppose Pressure on Business in Light of Huawei Case

Following Meng's detention, China arrested two Canadian citizens, former diplomat Michael Kovrig and businessman Michael Spavor. While the detentions have been widely regarded as Beijing's retaliation for the arrest of the Huawei executive, Chinese authorities have denied the allegations, insisting that the two men posed a threat to the country's national security.

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